My Gym Children's Fitness Center vs Rafiki Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Gym Children's Fitness Center vs Rafiki including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
My Gym Children's Fitness Center Franchise
Rafiki Franchise
Investment $36,760 - $277,200$261,450 - $402,667
Franchise Fee $25,000 - $55,000N/A
Royalty Fee 7%-8%5%
Advertising Fee 1%-
Year Founded 1983-
Year Franchised 1995-
Term Of Agreement 12 years5years+5+5+5
Term Of Agreement 12 years5years+5+5+5
Renewal Fee --


Business Experience Requirements
 
My Gym Children's Fitness Center Franchise
Rafiki Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    My Gym Children's Fitness Center Franchise
    Rafiki Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    My Gym Children's Fitness Center Franchise
    Rafiki Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 19 hours The initial training covers all material aspects of the operation of a RAFIKI franchise and is comprised of classroom and on-the-job training.
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    My Gym Children's Fitness Center Franchise
    Rafiki Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About My Gym Children's Fitness Center

    Welcome to the exciting business of children's gyms! The timing is right The children's fitness industry offers a vast marketplace where the potential has now become even greater because of school budget cuts, decreasing opportunities for safe play in parks and neighborhoods, and the appalling state of the physical fitness of our youth. Millions of our children are overweight, inactive and below minimum standards for strength, flexibility and endurance. The need for more children's gyms is apparent, and the field offers an abundance of opportunities to those who love children.
    Improve the lives of children Our innovative and carefully structured programs, along with our ideal student/teacher ratio and noncompetitive atmosphere, allow children to discover what great things they can accomplish. My Gym Kids have so much fun developing strength, balance, coordination, agility, flexibility, fine and gross motor proficiency, social skills and self-esteem as they run, jump, tumble, dance and sing.
    Be your own boss Our franchisees derive real satisfaction from running a business
    that promotes the physical and emotional health of our world's most precious resource, our children.
    Veteran Incentives  $10,000 off franchise fee
    #202 in Franchise 500 for 2020.

    About Rafiki

    Jambo Rafiki! Welcome the opportunity of a lifetime. Have you always wanted to make a positive impact on the children and families in your community? Well here's your chance! We are offering franchises nationwide and looking for the right people who want to own an exciting, healthy, fun and wholesome business in the children's amusement industry. Rafiki also offers a healthy deli and full coffee bar! This is a very exciting time for our company and we are so glad that you have taken the time to learn more about owning and operating your own Rafiki-Where Friends Play center. Rafiki is a fantastic opportunity to use your creative outgoing spirit to build a future of independence, flexibility and pride of ownership for you and your family. We fully understand that our success is directly tied to your success. That is why we are committed to helping you every step of the way. From the moment you join our organization, we will train you in every aspect of owning and operating your Rafiki play facility. We will assist you in selecting a location, and walk with you through every step of the way to opening your facility. Once your facility is open we will provide you with on-going support and supply you with proven marketing tools and materials. Together, we will build and grow your Rafiki! Now is the time to get in on the ground floor of this awesome opportunity before all available franchises in your area have been awarded. Own a RAFIKI Child Entertainment Franchise Business. Contact us!